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Mount Gibson Iron Stakes Claim in Central Tanami Gold Project with $50M Acquisition

8:33am on Wednesday 16th of July, 2025 AEST Mining
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Mount Gibson Iron Stakes Claim in Central Tanami Gold Project with $50M Acquisition

8:33am on Wednesday 16th of July, 2025 AEST
Key Points
  • Acquisition of 50% interest in Central Tanami Project JV for $50 million
  • 1.6 million ounce gold Mineral Resource primarily on granted mining leases
  • Focus on high-grade Groundrush deposit with strong growth potential
  • Collaboration with Tanami Gold NL aiming for development decision in 12-18 months
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